https://www.youtube.com/watch?v=3c0YGuPv5Cs

This is my favourite video so far, it gives a fast quick peak at the exchange. Ideal to whoever is curious about it. If you have a twitter account https://twitter.com/AkadoSang/status/691758600235171841

At how much would you value exchanges? Are there any ways to calculate that with any info we might have publicly available? If there are none, how would you value them based on their average 24h Volume (with the exception of zero fees exchanges) and number of users? Do we even know the number of users per exchange?
 
There are multiple factors but any formula you would suggest? Mainly based on volume since that's pretty much what we know.

I'd like to know how many miners participate, how many new ones are there per month, if more are joining or not, etc, basically if it's growing and how. It was pretty strongly advertised how it would improve liquidity and although I obviously don't expect it to be one of the top pools in a few months, I'd like to know how are things going if possible? Or is this not a thing anymore for BTS since delegate pay doesn't exist? Meaning, is this a side business now and shareholders have nothing to do with?

http://pool.minebitshares.com/roundstats is down

Why has Bitcoin failed? It has failed because the community has failed. What was meant to be a new, decentralised form of money that lacked “systemically important institutions” and “too big to fail” has become something even worse: a system completely controlled by just a handful of people. Worse still, the network is on the brink of technical collapse. The mechanisms that should have prevented this outcome have broken down, and as a result there’s no longer much reason to think Bitcoin can actually be better than the existing financial system.

https://medium.com/@octskyward/the-resolution-of-the-bitcoin-experiment-dabb30201f7#.uygu5tg3v

    Some customers contacted Chris earlier today asking why our bitcoin payouts didn’t execute …

    The issue is that it’s now officially impossible to depend upon the bitcoin network anymore to know when or if your payment will be transacted, because the congestion is so bad that even minor spikes in volume create dramatic changes in network conditions. To whom is it acceptable that one could wait either 60 minutes or 14 hours, chosen at random?

https://www.haasonline.com/
https://twitter.com/Haasonline1

https://twitter.com/CryptoCurrEncyX/status/687752588318650368


Seems like a developer company. It's developing charts for C-CEX and seems to have many trading bots. I reached out on Twitter.

What if they could help develop with the UI or even better, the API since they're used to bots? They probably know the most friendly ones.

Does anyone know them?

We have bitBTC, OPENBTC, METAEX.BTC, TRADE.BTC and many other potential future BTC assets. or bitCNY and bitcrab'sCNY, etc What if we could merge them in the same orderbook?

The problem here is one can just print his asset and create fake BTC right? Well, to do this we could have certain criteria like providing a separate wallet address for the BTC on our exchange. Once we have this public address couldn't we just scan it and if the balance has a balance for example 2% to 5% lower than the assets issued on our chain, the committee account would automatically have power over that asset to prevent abuse.

Something like also needing the committee account permission to authorize the issue of more of that same asset. This way we could have a guarantee that the assets are backed in the blockchain and exist.

The only thing that could happen would be having the owner take away all the real assets and let the UIAs on our chain be useless but that can already happen. We assume it won't because we trust these entities.

So whoever would want to apply their asset to have this propriety and join the merged orderbook would need to have the committee to approve it via vote.

This way we would have the shared order books with more market depth and liquidity.

Only thing I don't know is how would our chain monitor the assets exist on their real chain (ie confirm X amount of BTC is on the given address on the bitcoin blockchain). Unless witnesses and/or the committee account would do that too.

So, in practice:
- Every BTC.UIA would appear simply as BTC to the users. Seeing it is a UIA can put some people off.
- UIAs would be merged on the same orderbook
- For this is needed approval from the committee to get someone of trust
- On the description of the UIA there would be the address for a single wallet holding the exact same funds as the amount issued
- This address would constantly be scanned, either each block or via committee/witness members
- The fact the address is on the UIA description would allow anyone to audit it
- If there's a small percentage gap between original address of real assets and the amount issued, committee account would be required to give permission for any operation and other possible consequences (orders being cancelled, etc)
- The fact the amounts are the same proves each asset is backed by the real deal.
- This would allow anyone to audit any exchange or service
- This would prevent any service running on a Fractional Reserve
- This would create shared order books

- This could increase market depth
- This could increase liquidity
- This could create healthier markets
- This could create better conditions for traders and services and consequently attract more.

Imagine this doesn't have any loopholes which probaby has. In the future with the proper interface someone would create an asset and choose to peg it to btc, ltc, etc. They would only need to copy/paste the original address to the board, it would be checked the amount and only that amount would allow to be issued. This of course if it was previously approved by the committee so that we only have trustworthy people with a good reputation. After approval we could even demand a fee to be paid and make money out of it since services would benefit from this feature.

Note:
This was just some brainstorm during a shower. Bare with me. I just felt the urge to post this before i forgot about it and didn't really think this through.

https://www.reddit.com/r/Bitcoin/comments/40dfyc/what_the_worst_first_week_of_trading_in_history/

This is interesting. If 2016 is going to be a bad yet for the markets, what could this mean? Gold up? It could make the chinese to hedge against this by buying bitcoin? This associated with the halving could give crypto a new boost. If bitcoin really goes that up, then it could be good for alts too.